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Stock Market & Financial Investment News

News Breaks
January 28, 2013
16:40 EDTVMWVMware cutting 900 jobs, sees total restructuring charges $90M-$110M
VMware disclosed in a regulatory filing that on January 25, VMware approved a plan to streamline its operations. The plan includes the following components: the elimination of approximately 900 positions and personnel, expected to result in a charge in the range of $70M to $80M; a planned exit of certain lines of business and consolidation of facilities, which are expected to result in a charge in the range of $20M to $30M. The plan is expected to be completed by the end of 2013. The total charge resulting from this plan is expected to be between $90M-$110M, with total cash expenditures associated with the plan expected to be in the range of $80M to $90M.
News For VMW From The Last 14 Days
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November 20, 2014
16:44 EDTVMWVMware initiated with a Buy at Jefferies
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November 14, 2014
13:52 EDTVMWVMware volatility at low end of historic range
VMware November call option implied volatility is at 22, December is at 23, January is at 20, April is at 25; compared to its 26-week average of 31 according to Track Data, suggesting decreasing price movement.
November 13, 2014
10:01 EDTVMWOn The Fly: Analyst Initiation Summary
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08:14 EDTVMWVMware initiated with a Buy at Maxim
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November 12, 2014
15:08 EDTVMWEarnings Preview: Cisco reports amid analyst debate on break-up potential
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14:08 EDTVMWIntel reports 427.7K share position in Rocket Fuel
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November 11, 2014
12:09 EDTVMWRackspace soars after Q3 results top estimates, $500M share buyback plan
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08:42 EDTVMWEMC returns could be limited after potential spin off, says Bernstein
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